TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY") PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 2 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO FAR OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION
| ALPHA OCEAN RESOURCES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY")
PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 2 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO FAR OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION |
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On behalf of the Board of Directors of AORB, Thinkat Advisory Sdn Bhd wishes to announce that on 16 May 2025, Asia Tank Tuna Sdn Bhd, a wholly-owned subsidiary of AORB, had entered into a Memorandum of Agreement with Far Ocean Sdn Bhd for the proposed disposal of a fishing vessel, namely Ibu Wira 2, for a cash consideration of RM2.45 million ("Proposed Disposal").
Please refer to the attachment for further details on the Proposed Disposal.
This announcement is dated 16 May 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | ALPHA OCEAN RESOURCES BERHAD |
| Stock Name | AORB |
| Date Announced | 16 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16052025-00102 |